Turkey announced 359 cases of the virus this week and there have been four deaths so far.
In addition, a sharp fall in scrap prices raised expectations of global steel prices decreasing further, Turkish sources said.
Fastmarkets’ daily index for steel scrap, HMS 1&2 (80:20 mix), Northern Europe origin, cfr Turkey
, dropped to $241.63 per tonne on March 19
, from $265.53 per tonne on March 13.
Fastmarkets’ weekly price assessment of steel hot-rolled coil, export, fob main port Turkey, was $480-490 per tonne on March 20,...